Famed Hedge Funder Michael Burry Is Buying Farmland, And Sees More Pain For The Dollar And Housing

Michael Burry, the famed hedge
fund manager featured prominently in The Big Short, is
betting big on farmland, and expects the collapse of the dollar,
he tells
Bloomberg.

Apparently he's still poking around for his next "big" idea
(Burry famously shorted the housing market through the same type
of bets that made John Paulson mega-rich), though he thinks
having farmland with a good water supply is very attractive.

In a segment of the interview here, he slams the
fact that nobody's taken responsibility for the crisis, and he
predicts more housing pain ahead due to the government's falsely
propping up of the market (still) via Fannie and Freddie, and the
millions of homeowners that are delinquent but haven't been
kicked out of their homes yet.

Farmland, of coursee has been an uber trendy investment, as folks
like
Jim Rogers and
Barton Biggs have all sung its praises. Like gold, it's a bet
against hyperinflation and instability and also war.